Post
Topic
Board Bitcoin Discussion
Re: Bitcoin mining is costly...
by
berfanaf
on 16/07/2018, 07:14:19 UTC
Surely mining is costly but worth a shot, if you ever plan on mining a bitcoin then better do a bsckground check and feasibility study of your proposed project
For sure that if the electricity fees and rigs are cheaper than other nearby countries then it is really worth a shot and you might get back your capital/investment as soon as possible. Mining is not for everybody but for those who want to do it then better start doing your own research now
Bitcoin mining as everyone thought they could do in part time is totally wrong it requires a lot of patience and maintainence and also funds to and a good setup to earn some good amount of bitcoins. Also if after investing a lot of time one is earning a few dollars then it is not really feasible, also the cost of electricity equipments and a proper mining place decides the amount of total profit, if done properly with patience and proper maintenance one can earn huge.